TITLE

WTO Agreement Finally Ratified

PUB. DATE
October 2004
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Oct2004, Vol. 15 Issue 10, p6
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
This article focuses on the ratification of the World Trade Organization agreement. Cambodia's parliament has finally ratified the country's entry into the World Trade Organization (WTO). In a statement, National Assembly president Prince Norodom Ranariddh said that the bill would now be sent to the Senate for final approval. The WTO actually approved Cambodia's entry into the global trade club at its September 2003 meeting in Cancun, Mexico. Under the WTO, foreign investors who were previously planning to leave for China may be persuaded to give the Cambodia a second chance. In addition to increased market access, WTO membership should provide Cambodia's economy with other benefits, including the full use of the WTO dispute mechanism system.
ACCESSION #
14543617

 

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